How Donald Trump Went From Selling NFTs To Declaring Himself The 'Crypto President'
Portfolio Pulse from Khyathi Dalal
Former President Donald Trump has significantly increased his involvement in the cryptocurrency space, starting with the launch of a digital trading card collection in December 2022. His campaign for the 2024 election is now accepting crypto donations, and he has positioned himself as a pro-crypto candidate, promising to protect Bitcoin and support crypto businesses in the U.S. This stance contrasts with the Democratic position on digital currencies.
June 14, 2024 | 1:28 pm
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POSITIVE IMPACT
Coinbase executives' involvement with Trump's pro-crypto campaign could signal a positive outlook for the company, aligning with Trump's promise to support crypto businesses in the U.S.
Trump's pro-crypto stance and the involvement of Coinbase executives in his campaign suggest a favorable regulatory environment for crypto businesses, which could benefit Coinbase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80